Martin Simpson News

UK Leasing Program to Stimulate Offshore Wind Investment

The Crown Commissioners announce a site leasing program to encourage investment in a range of offshore wind test & demonstration projects, including a leasing round for floating offshore wind technology. The Crown Commissioner's plans were announced at the RUK offshore wind conference and are designed to build on the success of our existing test and demonstration programme. By showcasing new technological advancements and driving further cost reduction, the plans also aim to increase market confidence and encourage investment in the industry. This is in line with the recommendations of the Offshore Wind Cost Reduction Taskforce and feedback received from industry consultation.